The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 


09 Apr. 2021 | Comments (0)

US employers added an astounding 916,000 jobs in March 2021. Employment has now doubled each month since the start of the year, marking a turning point in the economic recovery. There will likely be 4.5 million more jobs added to the economy this year, especially in in-person services, explains Frank Steemers, Senior Economist at The Conference Board. He adds that job gains will likely hover around 800,000 per month in the near term, and may even reach 1 million.

 Elizabeth Crofoot, CED’s Senior Economist, also discusses the potential job growth associated with the Biden Administration’s proposed infrastructure package. She notes that, if the infrastructure proposal were to become law, the economy would add about 15 million jobs over the next 8 to 10 years. Yet the plan itself may spur less than 3 million additional jobs on top of what would be generated without it.

  • Indications Podcast

    Indications Podcast

    Indications is a public podcast featuring our global roster of thought leaders. Ranging from economic growth and competitiveness to human capital, governance, sustainability, and beyond, each episode is a serious conversation grounded in data and insights that will keep you ahead of the curve in a turbulent world.             

    More from Indications Podcast

     

0 Comment Comment Policy

Please Sign In to post a comment.

    INDICATIONS | Play All Episodes

    OTHER RELATED CONTENT

    RESEARCH & INSIGHTS

    WEBCASTS

    COUNCILS

    BLOGS

    PRESS RELEASES & IN THE NEWS

    Support Our Work

    Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.

    Donate